The cost of benefits continues to drive up employee compensation costs, according to a report released Friday by the U.S. Labor Department. Over the last 12 months, total compensation—which includes salaries, wages and benefits—rose 2%. The rise was primarily due to a 3% rise in benefit expenses, the report said. In addition to health insurance, [...]
Progressive Insurance has a new device that could save drivers money if they are willing to have their habits monitored.
With all of the rain falling in our area, you may be wondering about flood insurance. Unfortunately to be covered for a flood, you must purchase flood insurance before the damage happens, so it may be worth it to think ahead about making the investment.
The IRS announced Thursday that it’s significantly reducing the number of liens it will place on property owned by delinquent taxpayers and will make it easier for taxpayers to get existing liens withdrawn. The use of tax liens has soared more than 60% since the start of the recession, according to IRS Taxpayer Advocate Nina [...]
Seven insurance companies have sued Toyota Motor Corp. in an attempt to recover money paid to cover crashes they blame on sudden acceleration. The insurers cite data that blames 725 crashes on the problem and fault the Japanese automaker for failing to equip its cars with an override system that would cause a car to [...]
Executives of a small insurance company in Albany were mystified when, almost overnight, its payments for a certain class of antibiotics nearly doubled, threatening to add about a half-million dollars annually in costs. The reason, it turned out, was that patients were using a card distributed by the maker of an expensive antibiotic used to [...]
There are some things you can afford to cut from your budget like your daily coffee run, weekly shopping trip, or after-work happy hour… but your health? That’s a different story. Skipping health insurance not only puts you at risk but also those who care about you because they’ll be hit with the financial burden, [...]
As if having your home flood is not detrimental enough, finding out your insurance will not cover the loss just adds insult to injury. In many instances, renter’s insurance doesn’t cover flooding because of the catastrophic nature and costs. For homeowners, it can be different- some policies do cover flooding and some offer optional, separate coverage upon [...]
In PA, 3 million drivers are 50 or older- and it’s been awhile since their driving skills have been put to the test. So maybe a refresher course would be beneficial- AARP is one of several organizations that offer driver safety programs for people 50 and over. The course will cost you $12 ($14 if [...]
Did you know a Security System can take 10- 20% off the annual premium of your Homeowners Insurance Policy? Angieslist.com says that insurance companies can cancel or refuse to renew you if your property isn’t well maintained, so make sure to cut down dead trees and trim low laying branches to keep your policy.
Spending money wisely, from home repair to shopping
